Past rates: 2020 va survivors pension benefit rates | veterans affairs

From December 1, 2019, to November 30, 2020, the net worth limit to be eligible for Survivors Pension benefits was $129,094. On October 18, 2018, we changed the way we assess net worth to

make the pension entitlement rules clearer. Net worth includes your assets and annual income. When you apply for Survivors Pension benefits, you’ll need to report all of your assets and

income. NOTE: If your child's net worth is more than the net worth limit, we don't consider them to be a dependent when we determine your pension. Read our definitions below:

ASSETS Assets include the fair market value of all your real and personal property, minus the amount of any mortgages you may have. “Real property” means any land and buildings you may own.

Your personal property assets include any of these items: * Investments (like stocks and bonds) * Furniture * Boats ASSETS DON’T INCLUDE: * Your primary residence (the home where you live

most or all of the time) * Your car * Basic home items like appliances that you wouldn’t take with you if you moved to a new house Read more about how we define "assets" ANNUAL

INCOME Annual income is the money earned in a year from a job or from retirement or annuity payments. It includes any of these: * Salary or hourly pay * Bonuses * Commissions * Overtime *

Tips We'll subtract certain expenses from your annual income when we assess net worth. We call these applicable deductible expenses. They include: * Educational expenses * Medical

expenses you’re not reimbursed for Read more about how we define “annual income” AN EXAMPLE OF NET WORTH AND ELIGIBILITY If you had $121,000 in assets and $14,000 in annual income, then your

net worth would be $135,000. This is more than the net worth limit of $129,094. So you wouldn’t be eligible for Survivors Pension benefits.